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Summary of Significant Accounting Policies (Tables)
6 Months Ended
Jun. 30, 2021
Accounting Policies [Abstract]  
Schedule of Revenue Disaggregated by Type

 

   Three Months Ended June 30   Six Months Ended June 30, 
   2021   2020   2021   2020 
Systems  $2,686,180   $12,769   $5,288,692   $12,769 
Disposables, service and accessories   6,118,712    5,086,156    11,892,228    10,595,867 
Sublease   246,530    246,530    493,060    493,060 
Total revenue  $9,051,422   $5,345,455   $17,673,980   $11,101,696 
Summary of Contract Assets and Liabilities

The following information summarizes the Company’s contract assets and liabilities:

 

   June 30, 2021   December 31, 2020 
Contract Assets - unbilled receivables  $180,751   $284,415 
           
Customer deposits  $2,132,598   $- 
Product shipped, revenue deferred   

2,173,300

    645,200 
Deferred service and license fees   

5,627,494

    5,186,485 
Total deferred revenue  $9,933,392   $5,831,685 
Less: Long-term deferred revenue   (1,648,792)   (548,915)
Total current deferred revenue  $8,284,600   $5,282,770 
Schedule of Computation of Basic and Diluted Earnings Per Share

The following table sets forth the computation of basic and diluted EPS:

 

   2021   2020   2021   2020 
   Three Months Ended June 30,   Six Months Ended June 30, 
   2021   2020   2021   2020 
Net loss  $(1,210,398)  $(1,921,106)  $(2,742,795)  $(3,892,637)
Cumulative dividend on Series A Convertible Preferred Stock   (335,197)   (342,126)   (667,748)   (685,849)
Net loss attributable to common stockholders  $(1,545,595)  $(2,263,232)  $(3,410,543)  $(4,578,486)
                     
Weighted average number of common shares and equivalents:   75,547,574    71,628,762    75,362,521    70,749,401 
Basic EPS  $(0.02)  $(0.03)  $(0.05)  $(0.06)
Diluted EPS  $(0.02)  $(0.03)  $(0.05)  $(0.06)